Initia iUSD (iUSD) stablecoin analytics
Answer First
What is Initia iUSD (iUSD)?
iUSD is a single-chain Initia wrapper of bridged Agora AUSD; reserve yield is redirected to ecosystem incentives and redemption routes through AUSD. The static profile records its US Dollar peg mechanism as: iUSD is a single-chain wrapper of bridged Agora AUSD on Initia. Each iUSD is minted against an equal amount of AUSD locked at the Initia LayerZero bridge endpoint; reserve yield from the underlying AUSD is redirected by Initia into...
Is iUSD safe?
iUSD holds a C- Safety Score grade (51/100) in Pharos's latest published rating — a middle-tier grade that meets baseline expectations but carries meaningful weaknesses, so Pharos does not consider it clearly safe. Static metadata says Initia iUSD uses a CeFi-Dependent governance model and Real-World Asset Backed backing, with live reserve feed configured; the main caveat is that freeze exposure is inherited through upstream collateral, custody, or wrapper dependencies. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
Static Profile
Static stablecoin profile
Initia iUSD (iUSD) static profile: governance model CeFi-Dependent; backing model Real-World Asset Backed; peg US Dollar.
Variant Relationship
Initia iUSD (iUSD) is modeled as a pure wrapper variant of Agora Dollar (AUSD). Pharos treats parent stress, redemption, mint authority, and dependency context as relevant to this variant before interpreting its own live metrics.
AI summary / Updated Sep 7, 2026
iUSD is the native dollar on Initia, the young Move-based Cosmos L1: a single-chain wrapper backed 1:1 by Agora's AUSD bridged in via LayerZero, so the ultimate reserve trace is Agora's short-dated U.S. Treasuries, repos, and cash custodied at State Street under VanEck management. Unlike standard fiat-backed stables, the reserve yield is redirected by Initia into ecosystem incentives that fund Echelon lending, liquidity programs, and Cabal vaults rather than paid to holders. Supply remains tiny and Initia...
AI summary · drafted by claude-fable-5-1 · facts as of Sep 7, 2026
- Collateral
- 1:1 reserve in Agora AUSD bridged to Initia via LayerZero; AUSD itself is backed by short-dated U.S. Treasury bills, overnight reverse repos, and cash held in a bankruptcy-remote Delaware Statutory Trust managed by VanEck and custodied by State Street
- Peg Mechanism
- iUSD is a single-chain wrapper of bridged Agora AUSD on Initia. Each iUSD is minted against an equal amount of AUSD locked at the Initia LayerZero bridge endpoint; reserve yield from the underlying AUSD is redirected by Initia into ecosystem incentives (Echelon lending, liquidity programs, Cabal vaults) rather than to holders. Holder redemption ultimately depends on the AUSD bridge and Agora's direct USD redemption.
- Jurisdiction
- Not disclosed in the static profile.
- Proof Of Reserves
- No proof-of-reserves entry in the static profile.
- Contracts
- 1 deployment tracked across Initia.
Next Actions
Exact bot target: /subscribe dews,depeg,safety iusd-initia
Source: checked-in StablecoinMeta profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier below; the summary above was last updated Sep 7, 2026.
iUSD quick answers
What is Initia iUSD (iUSD)?
iUSD is a single-chain Initia wrapper of bridged Agora AUSD; reserve yield is redirected to ecosystem incentives and redemption routes through AUSD. The static profile records its US Dollar peg mechanism as: iUSD is a single-chain wrapper of bridged Agora AUSD on Initia. Each iUSD is minted against an equal amount of AUSD locked at the Initia LayerZero bridge endpoint; reserve yield from the underlying AUSD is redirected by Initia into...
Is iUSD safe?
iUSD holds a C- Safety Score grade (51/100) in Pharos's latest published rating — a middle-tier grade that meets baseline expectations but carries meaningful weaknesses, so Pharos does not consider it clearly safe. Static metadata says Initia iUSD uses a CeFi-Dependent governance model and Real-World Asset Backed backing, with live reserve feed configured; the main caveat is that freeze exposure is inherited through upstream collateral, custody, or wrapper dependencies. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
What backs iUSD?
Pharos classifies iUSD backing as Real-World Asset Backed. Collateral, per the static profile: 1:1 reserve in Agora AUSD bridged to Initia via LayerZero; AUSD itself is backed by short-dated U.S. Treasury bills, overnight reverse repos, and cash held in a bankruptcy-remote Delaware Statutory Trust managed by VanEck and custodied by... Reserve evidence: live reserve feed configured.
Can iUSD be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, freeze exposure is inherited through upstream collateral, custody, or wrapper dependencies. Live freeze and blacklist events for iUSD, when applicable, appear in the dossier below.
